How many total number of banks are there in India?

Ever wondered about the total number of banks in the country? searching for this number online? On this page, you can go through the answers provided by experts.

Banking is a backbone of the economy of any country. How many total numbers of banks are there in India including private sector and public sector banks. Who gives the status of the bank to any financial institute? Why government keeps on giving banking licenses instead of managing the current ones?

Allahabad BankAndhra BankBank of BarodaBank of IndiaBank of MaharashtraCanara BankCentral Bank of IndiaCorporation BankDena BankIndian BankIndian Overseas BankOriental Bank of CommercePunjab and Sind BankPunjab National BankState Bank of IndiaSyndicate BankUCO BankUnion Bank of IndiaUnited Bank of IndiaVijaya BankIDBI BankIn addition to the above list there are many other banks in cooperative sector and other banks.The permission for bank services will be given by the central government with a note RBI and RBi will control all the activities of these banks.drrao always confident

Hi Paresh,The answer to this question keeps changing as RBI provides new licenses to different banks from time to time to cater customer needs.To know the full list of banks, You can refer to the RBI website, Where in you will get the latest and accurate datahttps://www.rbi.org.in/commonman/english/scripts/banksinindia.aspx

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